5919 Whitnall Highway is a 6-unit value-add multifamily investment located in the heart of North Hollywood. Built in 1953, the property sits on a 5,004 square foot lot and features a desirable unit mix of two (2) studios and four (4) one-bedroom, one-bathroom units in a two-story garden-style walk-up building.… Read More A detached structure at the rear of the lot provides four covered parking spaces. While the property has been well maintained by long-term ownership, the interiors remain largely in original condition or have seen only modest updates. This presents a compelling opportunity for a new owner to implement a strategic renovation plan for both the unit interiors and exterior facade. With in-place rents approximately 38% below market, 5919 Whitnall Highway offers significant potential for income growth through unit turnover and repositioning. The property benefits from stable current cash flow paired with substantial long-term upside. Read Less
Courtesy of NorthMarq Realty Services, Inc. 949-717-5200
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Beds
4
Square Ft.
3,520
Lot Size
0.11 Acres
Year Built
1953
MLS Number
25575737
30 Days Snapshot Of 91601
$883k
+7%
(avg) sold price
3
+50%
homes sold
40
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
3,520 sq ft, Built in 1953, Levels: Two
Cooling
Wall Unit(s)
Disclosures
None
Garage
Detached
Heating
Wall
Lot
LotAcreage: 0.1149, LotSizeArea: 5,007
Parking
TotalParking: 4
Property
NumberOfUnits: 6, Zoning: LAR3
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